But in sectors like water rail and healthcare nationalization can work better

Nationalization works in some areas, a free market works better in others

No. Governments can limit Monopolies, and that's just fine.
A private Monopoly, can be held accountable for their actions, an entire government can not be so easily.

a Monopoly exsists beacuse its good

when its bad ppl dont use it

and it starts to fail

You can't hold a private monopoly accountable in that situation

Unless you boycott the trains

why not

But in that case millions of commuters can't get around

if the Monopoly is bad ppl will go to other places

Or sue them

Who?

Also what grounds do you have to sue them

Said Monopoly

It's not like they intentionally set up a monopoly

most Monopoly are created beacuse of govement

Its the nature of the rail industry

gov regulations

that limit busnies

Gov regulations can't stop a monopoly in that sector

As I said

Monopoly give the gov a lot of money to stop other busnesis from taking over

exsample - car dealerships

and air ports

YEah

all goverment made Monopoly

in capitalisem that cant exsist

Those are examples where a free market works

cus the gov wont have the power

And nationalization

to opress busniese

But I'm talking about rail

Did you even read what I said

na i was busy making <#508204267631411200>

go check it out

😉

I said nationalization only works in specific scenarios like heathcare and rail

You guys have way too much belief in the free market. Might want to give US history from 1870 to 1910 a look.

Wait @TheNobody You think that a monopoly exists becasue it is good? That's almost never the case, monopolies only exist when businesses drive out competitors, monopolies are always bad. Take Singapore for instance, they have the most free market economy and every field has heaps of competition, competition drives down prices, monopolies allow the supplier to price set, especially if they provide an essential good or service. This happened with Martin Shkreli and the aids medication.

Simply put, the free market has failures, 4 from when I did economics (income inequality: relative and absolute, positive and negative externalities, public goods and common resources and market power.), and it's a governments role to redistribute resources to fix the 4 failures.